
EdeniQ
Processes low-cost cellulosic sugars and ethanol.
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* | €4.6m | Late VC | |
Total Funding | 000k |
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EdeniQ, established in 2008 and headquartered in Visalia, California, operates as a specialized biotechnology firm focused on the biofuels industry. The company provides analytical solutions and technologies that enable ethanol producers across North America to enhance production efficiency.
The company's business model centers on developing and licensing technologies that can be integrated into existing ethanol plants with minimal capital expenditure. A core offering is the Intellulose® platform, a suite of analytical chemistry methods that measure and quantify the cellulosic content derived from corn kernel fiber during the ethanol production process. This service allows clients to qualify for valuable regulatory credits, such as D3 Renewable Identification Numbers (RINs) under the U.S. Environmental Protection Agency's Renewable Fuel Standard and credits from California's Low Carbon Fuel Standard. EdeniQ also developed the Cellunator™, a compact milling device that grinds corn slurry to uniform particle sizes, improving the efficiency of enzymatic breakdown and fermentation. Revenue is generated through the sale and licensing of these technologies and analytical services to biorefineries.
Brian Thome, who has served as President and CEO for over 14 years, possesses a deep background in the renewable fuels and finance sectors. His experience includes managing a large ethanol industry loan portfolio at First National Bank of Omaha and serving as President of US BioEnergy before joining EdeniQ. This financial and industry-specific expertise has been central to navigating the company through significant growth phases and capital-raising efforts. Since its founding, EdeniQ has secured approximately $124 million from venture capital firms like Kleiner Perkins and Draper Fisher Jurvetson, as well as grants from the U.S. Department of Energy and the California Energy Commission. A major milestone occurred in 2016 when Aemetis, Inc., an advanced fuels and renewable chemicals company, signed a definitive agreement to acquire EdeniQ, which now operates as a wholly-owned subsidiary, to accelerate the deployment of its technology.
Keywords: biofuels, cellulosic ethanol, analytical testing, biorefinery, corn kernel fiber, Intellulose, renewable fuel standard, D3 RINs, low carbon fuel standard, biotechnology